Futurum analysts Daniel Newman and Todd R. Weiss share their insights as Amazon Q2 2022 revenue rises to $121.2B, up 7% from Q2 2021 leading the broadly-diversified company to a solid quarter.
Amazon Results Miss Expectations as Investments in Growth Continue
Amazon shares dropped more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for the third quarter and delivered disappointing guidance for the critical holiday period. Futurum’s co-founder Daniel Newman dives into the results and what this means for the company.
Amazon Q2 Is Very Good Even Though Some Suggest Otherwise
The market reaction to Amazon: Only in these times would 27% growth for a company doing over a $100 billion a quarter be frowned upon.
Amazon Delivers a Massive Q4, Bezos Departure Steals the Show
Amazon broke $100 Billion in revenue in its 4th quarter, nearly doubling expectations for EPS, but Bezos’ announced departure steals the day.
Amazon Q3 Blows Away Expectations, AWS Keeps Momentum
Amazon delivered above analyst expectations in its fiscal Q3 beating earnings by more than 60%. AWS grew by 29% going above $11.6 billion.
Amazon Hits a Home Run on Historic Day for Tech Earnings
Amidst the global pandemic Amazon has been positioned well for continued success and this quarter shined as the company delivered well above expectations.
AWS Results Still a Bright Spot Within Amazon’s Q1 Earnings
Amazon had strong revenue, but was a bit under the threshold on earnings. Meanwhile, AWS continued to show great growth and investment in the business.
AWS Optimism: Business Is Still Strong Despite Earnings Short Fall
AWS reached 9 Billion in revenue this quarter, but fell just short of expectations along with the company. A look at AWS and its mid-term outlook.
Amazon Web Services: Stay The Course, 37% Growth Is Absolutely Fine
Amazon Web Services (AWS) reported lower than expected growth at 37%. However, as AWS matures, their growth will decline and competition like Microsoft Azure will likely gain market share. However, AWS is doing a lot well, and should keep their eyes on the big picture.